@ybbaloch
His hawkish remarks about inflation and uncertainty over a December rate cut rattled global sentiment, sending shockwaves through equities and crypto alike.
Letβs decode what really happened β and what it means for the weeks ahead π
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πΆ Powellβs Key Message:
βMarket expectations of another rate cut in December are far from certain.β
This one line was enough to unwind optimism built during weeks of speculation that the Fed would continue its easing path.
πΆ Impact:
Traders immediately repriced risk β U.S. Treasury yields jumped, gold spiked, and Bitcoin dropped below $108,000, losing over 4% in 24 hours. Ethereum followed, hitting a low near $3,840, as liquidity rotated back to the dollar.
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